Sunday, 28 October 2018

Oil looks vulnerable from short term perspective

Oil looks vulnerable from short term perspective
28 October 2018, London — From a short-term and technical perspective, oil looks vulnerable, according to oil and gas analysts at Fitch Solutions Macro Research. “Downside momentum is building and the front-month contract has broken back below its 50-day moving average. Time spreads have collapsed, with the front-to-second month spread flipping into contango. As of … More »

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